One more question on 1099-R then, does the 7000 in 1099-R (the one with distribution code 2 in particular, see green below) go into anywhere in 8606 at all?I as...
Btw I think I understand the difference between contribution and amount tranferred (including earning), that's why I mentioned them in my original post.My broke...
That's what I did earlier, can I take a pause here (stop at step 8.7.) to make sure I'm on the right track so far? Thanks.On Deductions & Credits, the Tradition...
Thanksmacuser_22.Just to clarify on what you wrote: by IRA contribution I assume you mean traditional IRA right?"The proper way to report the recharacterization...